DWS Municipal Income Trust (NYSE:KTF) declared a monthly dividend on Wednesday, January 9th, Wall Street Journal reports. Shareholders of record on Friday, January 18th will be given a dividend of 0.0475 per share by the investment management company on Thursday, January 31st. This represents a $0.57 annualized dividend and a yield of 5.35%. The ex-dividend date is Thursday, January 17th.
DWS Municipal Income Trust has decreased its dividend payment by an average of 6.2% annually over the last three years.
DWS Municipal Income Trust stock opened at $10.66 on Thursday. DWS Municipal Income Trust has a twelve month low of $10.08 and a twelve month high of $11.91.
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Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax.
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